Director, Enterprise Risk Mgmnt - BSC (Hybrid)

Exelon; Newark (DE); On-site; USD 182,000 - 250,000; Full time

Benefits offered by this job

Annual bonus 30%

401(k) match

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off

Employee Assistance Program

Tuition reimbursement

Job summary

Exelon is seeking a senior risk leader to develop and oversee the enterprise risk management program across the company, guiding senior leadership and the Board's Audit and Risk Committee. You will steer risk reporting, monitor emerging risks, and drive processes for risk disclosures in SEC filings, capital project reviews, and cross-functional governance.

The role requires a decade in utilities with strong analytics and stakeholder engagement, plus a strategic mindset to protect long-term

Qualifications

• 10+ years in the utility industry with exposure to risk management, finance or strategy.
• 5+ years in a managerial role.
• Excellent analytical, written and oral communication skills.
• Excellent interpersonal skills.

Responsibilities

• Oversee enterprise risk oversight and analysis (40%).
• Prepare agendas and materials for Risk Management Committee and Audit and Risk Committee meetings (30%).
• Lead special projects and ad hoc business team support on risk issues (20%).
• Manage communications, administration, budget and cross-team coordination (10%).

Skills

Enterprise risk management

Financial analysis

Regulatory knowledge

Leadership

Strategic thinking

Stakeholder management

Education

Bachelor's degree in a quantitative field

Job description

Who We Are

Exelon is helping build a more affordable, reliable energy future for the communities we serve. We're looking for people who are ready to make a difference and work together to deliver the energy our customers count on every day.

As a Fortune 200 company and one of the nation's largest utility companies, we have more than 20,000 colleagues who serve nearly 11 million customers through six fully regulated utilities - Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

Exelon is built by people who put safety first, work together to solve problems and show up every day for our customers and communities. We believe strong teams are built on trust, respect and a shared commitment to high-performance culture. And our commitment to employees includes creating an environment where people can grow, develop new skills and build thriving careers.

We know this work isn't easy. That's why we offer competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. No matter your role, you will be part of a team that is committed to making a difference, improving how we work and delivering for the people who depend on us.

Are you on for the challenge?

Primary Purpose

PRIMARY PURPOSE OF POSITION

Lead development and implementation of Exelon's strategy to ensure the identification and management of enterprise risks, as well as effective oversight of enterprise risk management by Exelon's senior leadership and the Exelon Board's Audit and Risk Committee. Communicate regularly with leaders across Exelon to seek and share information relating to Exelon's enterprise risks. In partnership with the EVP, Compliance, Audit & Risk, lead risk-related reporting to Exelon Board's Audit and Risk Committee and Exelon's Executive Committee. Lead Exelon's process to ensure awareness of emerging risks and risk-related trends, including by organizing and facilitating a biannual steering committee meeting, periodic check-ins and/or surveys to gather risk-related information, and as-needed periodic workshops on emerging risks and trends. Lead development of agendas and materials to support the role of the OpCo Risk Management Committees in promoting awareness of enterprise risks and effective risk management practices across Exelon. Lead communications within and outside Exelon to strengthen understanding of risk and effective risk management practices, including by: Supporting the development and communication of employee information and resources to support awareness and effective management of enterprise risks; and Serving as an ERM representative in external risk management forums, such as those organized by EEI/AGA, Gartner, PWC, and Deloitte. Oversee the Senior Manager, ERM and actively support key deliverables under the Senior Manager's supervision, including but not limited to development and reporting of Key Risk Indicators, risk bowties, and Management Model reviews, including of Exelon's Risk Appetite Statement. Support the review of Exelon Audit Services and Compliance & Ethics' annual risk assessment plans to ensure they effectively link and address relevant emerging issues and top enterprise risks. Provide feedback to EAS regarding adequacy of coverage of top enterprise risks and emerging risks in its annual audit plan. Oversee and manage ERM's long range plan and budget. Lead periodic reviews and updates of risk-related disclosures for 10K/10Q reporting, proxy statement, and other SEC and regulatory filings as appropriate. Participate in OpCo processes for review and approval of capital projects, representing the Risk function. Drives collaboration and coordination across the Compliance, Audit, and Risk teams to strengthen transparency, information sharing, consistency, and resource sharing.

Primary Duties

PRIMARY DUTIES AND ACCOUNTABILITIES

• Enterprise risk oversight and analysis (40%)

• Preparation of agendas and materials for Risk Management Committee, Audit and Risk Committee, Emerging Issues Steering Committee meetings (30%)

• Special projects and consulting, and ad hoc business team support relating to risk issues (20%)

• Internal and external communications, administration, budget, and coordination (10%)

Job Scope

JOB SCOPE

Reports to EVP, Compliance, Audit, and Risk. Has one direct report (an E05 Senior Manager), who in turn manages one direct report (an E04 Enterprise Risk Manager), as part of the broader Compliance, Audit, and Risk team Key internal constituents and contacts include the Executive Committee, the Exelon Board's Audit and Risk Committee, senior OpCo leadership, Corporate Strategy, Federal and State regulatory and policy groups, Finance, and Legal

Minimum Qualifications

MINIMUM QUALIFICATIONS

10 years or more experience in the utility industry in roles that provide significant exposure to issues related to risk management, finance, and/or strategy 5 years or more experience as a manager Excellent analytical skills Excellent written and oral communications skills Excellent interpersonal skills

Preferred Qualifications

PREFERRED QUALIFICATIONS

Undergraduate or graduate training in a quantitative field Self-starter and highly motivated Prior experience with risk management responsibilities

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $181,600.00/Yr. – $249,700.00/Yr. plus an additional $50K in Long Term Incentive Plan annually

• Annual Bonus for eligible positions: 30%

• 401(k) match and annual company contribution

• Medical, dental and vision insurance

• Life and disability insurance

• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave

• Employee Assistance Program and resources for mental and emotional support

• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement

• Referral bonus program

• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. If you are an individual with a disability and need an accommodation to complete the application, please email us at [e-mail].